Wednesday, 22 April 2015

SGX NEWS 22-APR-2015

Ten Best-Performing Healthcare Stocks’ Average YTD Gain Outstrips Global Industry Benchmark

Ten best-performing healthcare stocks listed on SGX averaged dividend-adjusted total returns of 30% in the year thus far, outpacing the MSCI World Health Care Index’s total return of 11.4% YTD.
The 10 stocks generated total returns of 36% over the last 12 months, also outperforming the MSCI World Health Care Index’s total returns of 27.4% in the same period.

SGX’s three healthcare REITs – Religare Health Trust, First REIT and Parkway Life REIT – maintained an average dividend yield of 6.1%, double that of the Singapore Fixed Income Index at 2.99%.

The five best performers YTD are Q&M Dental Group (+77.1%), Tianjin Zhongxin Pharmaceutical Group (+50.6%), Biosensors International Group (+42.7%), Cordlife Group (+27.7%) and IHH Healthcare (+24.3%).

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